By Emelie Rutherford The Navy ordered 1,700 Mine Resistant Ambush Protected All-Terrain Vehicles (M-ATVs) from Oshkosh Corp. [OSK] on July 31. The contracting award, worth $1.1 billion, come after the Pentagon on June 30 announced Oshkosh won the five-way M-ATV competition. The first order was placed with Oshkosh on June 30 for 2,244 vehicles at a cost of $1.1 billion. The Oshkosh, Wis., truck builder in June beat BAE Systems' Global Tactical Systems business; BAE's U.S. Combat Systems unit; Navistar…
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A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]